Today's Law As Amended

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AB-1462 Affordable housing: grant programs: progress payments.(2021-2022)

As Amends the Law Today


 Section 50406.4 is added to the Health and Safety Code, to read:

 (a) Notwithstanding any other law, the department shall develop and administer a progress payment option for grants distributed pursuant to any program administered by the department that relates to the development of affordable housing, including, but not limited to, all of the following programs:
(1) The Joe Serna, Jr. Farmworker Housing Grant Program (Chapter 3.2 (commencing with Section 50515.2)).
(2) The CalHome Program (Chapter 6 (commencing with Section 50650)).
(3) The Multifamily Housing Program (Chapter 6.7 (commencing with Section 50675)).
(4) The California Emergency Solutions Grants Program (Chapter 19 (commencing with Section 50899.1)).
(5) The Housing for a Healthy California Program (Part 14.2 (commencing with Section 53590)).
(6) The Affordable Housing and Sustainable Communities Program (Chapter 2 (commencing with Section 75210) of Part 1 of Division 44 of the Public Resources Code).
(7) The No Place Like Home Program (Part 3.9 (commencing with Section 5849.1) of Division 5 of the Welfare and Institutions Code).
(b) (1) A grant award recipient under a program subject to this section may, upon request, receive the award pursuant to the progress payment option established pursuant to subdivision (a).
(2) The department shall disclose to a grant award recipient the eligible costs for reimbursement under the applicable program upon receipt of a request to receive a grant award as progress payments.
(3) The department shall require a grant award recipient that elects to receive an award pursuant to paragraph (1) to submit a claim for reimbursable work or progress at least once every six months. The department shall not disburse any portion of a grant award until the department verifies that the claim seeks reimbursement for eligible costs under the applicable program.
(4) A grant award recipient shall submit a final claim for reimbursement of eligible cost no later than 180 days after the completion of the project or other eligible activity.